RBC Capital lowered the firm’s price target on Coursera to $18 from $25 and keeps an Outperform rating on the shares. The company’s Q1 results and Q2 guidance were “disappointing”, with the outlook showing Consumer demand softening along with the delayed content from its educator partner, the analyst tells investors in a research note. Coursera’s GenAI content and products, along with international self-help, should provide a lift, but there may be some investor pushback on expectations of acceleration in the second half of the year that are now embedded in guidance, RBC added.
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